Stocks Pop Despite Nasdaq Shock
NEW YORK ( TheStreet) -- Stocks closed in positive territory Thursday during a session interrupted by a three-hour halt in trading on the Nasdaq due to a technical glitch.
The Nasdaq added 1.08% to 3,638.71, after trades came back online at 3:25 p.m. EDT. Apple (AAPL), the most heavily traded company on the tech-heavy index, closed trading in positive territory as it reversed losses incurred before the halt. The S&P 500 rose 0.86% to 1,656.96. The Dow Jones Industrial Average added 0.44% to 14,963.74.
Major U.S. indices shrugged off the malfunction in light of strong economic data that printed overseas.
The Nasdaq put a halt to trading in all stocks and options listed on the Exchange due to technical glitches that were interfering with quote dissemination, it said. It was one of the longest shutdowns of the Nasdaq since a stray squirrel in December 1987 triggered an 82-minute power failure of the exchange."It happens, this obviously was
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